United States Smart Lock Market Size and Share

United States Smart Lock Market (2026 - 2031)
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United States Smart Lock Market Analysis by Mordor Intelligence

The United States smart lock market size was valued at USD 3.36 billion in 2025 and estimated to grow from USD 3.88 billion in 2026 to reach USD 6.03 billion by 2031, at a CAGR of 9.22% during the forecast period (2026-2031). Across the forecast horizon, demand is being pulled from mechanical deadbolts toward networked locks that authenticate smartphones, voice assistants, and property-management platforms in a unified credential ecosystem. Deadbolt formats still dominate shipments but the share of mortise, lever, and rim designs is climbing because commercial developers in hospitality, healthcare, and office real estate require ANSI/BHMA Grade 1 durability and fire-door compliance. Institutional landlords accelerating build-to-rent projects in Sunbelt states specify connected locks during the design phase, which removes retrofit complexity and cuts truck-roll costs after residents move in. Growth is further supported by insurance carriers that grant 2%5% premium discounts when policyholders verify smart-security installations.

Key Report Takeaways

  • By product type, deadbolts led with 60.73% of the United States smart lock market share in 2025, while mortise, lever, and rim locks are advancing at a 10.37% CAGR to 2031.
  • By end-user, residential applications accounted for 88.39% of the US smart lock marketshare in2025 revenue, whereas commercial deployments are forecast to post an 11.12% CAGR through 2031.
  • By installation type, retrofit solutions captured 57.88% share in 2025, yet new-construction integrated systems are projected to expand at a 10.61% CAGR between 2026 and 2031.
  • By distribution, offline retail and pro-installer channels held 53.57% of the US smart lock marketshare in 2025, but online sales are projected to grow at a 9.76% CAGR through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Product Type: Mortise and Lever Formats Gain Commercial Traction

Deadbolts commanded 60.73% of United States smart lock market share in 2025, reflecting their ubiquity on single-family exterior doors. Mortise and lever formats, however, are forecast to grow at a 10.37% CAGR through 2031 as hotels, offices, and healthcare facilities prioritize Grade 1 mechanical robustness and code-compliant panic egress. The United States smart lock market size attributed to mortise platforms is projected to expand from USD 0.70 billion in 2026 to USD 1.15 billion by 2031, outpacing unit growth because commercial buyers accept higher average selling prices for durability and warranty coverage. Manufacturers now ship modular chassis that accept interchangeable trims, finishes, and credential modules, Wi-Fi, Thread, or Zigbee, reducing SKU count and smoothing installer logistics.

Lever-handle locks satisfy Americans with Disabilities Act clearance angles and one-hand egress rules, increasing adoption in elder-care facilities and public schools where building inspectors demand accessible hardware. Padlock-style smart locks remain a niche but resilient sub-segment, especially among logistics yards that need audit logs without drilling permanent holes into container doors. Meanwhile, rim locks attract multifamily renters who cannot alter door hardware, yet their surface-mount profile limits penetration into higher-income owner-occupied homes. Across every format, rapid iteration on battery-life optimization and Matter-over-Thread upgrades is blurring historical boundaries between commercial and consumer feature sets, sustaining momentum for product diversification inside the United States smart lock market.

United States Smart Lock Market: Market Share by Product Type
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By End-User: Commercial Hospitality and Corporate Segments Accelerate

Residential buyers generated 88.39% of 2025 revenue, but commercial deployments, in hospitality, retail, corporate campuses, education, and healthcare, are projected to post an 11.12% CAGR to 2031, twice the residential rate. Hotel chains migrating from RFID cards to mobile credentials show clear ROI: front-desk bypass improves guest satisfaction scores while reducing plastic card costs. Dormakaba’s Ambiance Cloud on-boarded over 500 hotels in 2025, and Vingcard’s VConnect added Apple and Google Wallet keys to legacy installations, confirming broad ecosystem uptake.

Corporate offices pivoting toward hot-desking rely on credentialed locks for office suites, phone booths, and lockers, linking access logs to occupancy analytics that inform real-estate consolidation decisions. Retail big-box stores deploy smart padlocks on warehouses and point-of-sale cash drawers, replacing manual key sign-outs. In healthcare, smart locks secure medication rooms to improve narcotics auditing under HIPAA, while universities integrate student ID systems to dormitory locks, automatically revoking credentials upon graduation or disciplinary action. This mosaic of commercial use cases captures higher recurring SaaS revenue per door than residential channels, lifting the blended average selling price and reinforcing revenue diversification across the United States smart lock industry.

By Installation Type: New-Construction Integration Reduces Retrofit Friction

Retrofit solutions represented 57.88% revenue share in 2025, leveraging an installed base of 100 million legacy doors nationwide. Yet builders now integrate locks during framing, allowing factory-milled bores, hidden wiring chases, and seamless integration with alarm and fire-panel circuits. The United States smart lock market size for new-construction deployments is projected to rise from USD 1.45 billion in 2026 to USD 2.40 billion by 2031, underscoring a 10.61% CAGR that outpaces retrofit growth. Installation labor falls from 45 minutes to below 10 minutes when doors arrive pre-drilled with strike plates aligned, which in turn reduces warranty claims for misaligned latches.

Build-to-rent single-family communities spearheaded by Lennar and DR Horton standardize locks across hundreds of homes, simplifying credential management for property managers and boosting take-rates for bundled smart-home service packages. Multifamily developers specify hardwired mortise locks that meet UL 10C fire ratings and tie into centralized credential platforms, avoiding the compliance pitfalls of battery-only retrofits. This divergence creates distinct go-to-market strategies: value-priced brands concentrate on DIY retrofit kits sold online, while enterprise-grade vendors court architects and general contractors during preconstruction design review, each reinforcing separate but parallel revenue flywheels inside the United States smart lock market.

By Distribution Channel: Direct-to-Consumer Brands Pressure Traditional Retail

Brick-and-mortar retail and professional installer networks retained 53.57% share in 2025, anchored by big-box chains such as Home Depot and Lowe’s that offer live product demos and in-aisle locksmith services. However, online channels are projected to grow at a 9.76% CAGR through 2031 as brands reduce wholesale margins and reinvest the spread into paid-search and influencer marketing. Amazon occupies a uniquely strategic position: it sells competing devices, certifies “Key-compatible” models for in-garage delivery, and cross-sells Ring doorbells and cloud storage, deepening platform lock-in.

Direct-to-consumer challengers, including Level Home, Lockly, and Wyze, eschew store shelves altogether, leveraging social media and unboxing videos to compress the awareness-to-purchase funnel. The approach trades physical trial for rapid iteration on firmware updates delivered over Wi-Fi, allowing these firms to roll out Matter or UWB features months ahead of brick-and-mortar cycles and sustain buzz among enthusiasts. Professional alarm installers such as ADT and Vivint protect their turf by bundling locks with monitoring contracts, effectively transforming hardware into a customer-acquisition subsidy. As online market penetration crosses 40%, retailers respond by offering installation add-ons and extended financing, blurring the historical distinctions between offline, online, and professional channels yet again inside the United States smart lock market.

United States Smart Lock Market: Market Share by Distribution Channel
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Geography Analysis

Commercial research indicates that Sunbelt states, Texas, Florida, Arizona, Georgia, and North Carolina, generate the highest unit growth because build-to-rent developers cluster in regions with favorable land prices and year-round construction calendars. In these areas, new rental communities pre-install smart locks and bundle Wi-Fi, accelerating first-time purchases and inflating regional penetration rates above the national average. Insurance discounts offered by carriers such as Allstate and State Farm further amplify adoption in weather-exposed coastal zones, where storm-related claims can be mitigated by connected door sensors that verify secure closure during evacuations.

The Northeast registers slower volume growth because housing stock skews older and retrofits must comply with stringent municipal fire codes. Nonetheless, rising package theft in densely populated New York and Massachusetts suburbs is nudging homeowners toward keypad-enabled deadbolts that log delivery events, sustaining moderate replacement demand. The Midwest sits between these extremes: sprawling single-family lots reduce neighbor surveillance, so consumers value smartphone alerts and auto-locking features that compensate for longer police response times. Local utilities in Illinois and Minnesota also pilot demand-response programs that integrate thermostats with door-lock status, indirectly boosting the United States smart lock market by bundling energy rebates with security upgrades.

On the West Coast, California’s Title 24 energy-efficiency mandates encourage integrated home-automation packages that include locks, lighting, and HVAC control. Builders adopt smart-access products to accumulate LEED points, while tech-savvy consumers in Silicon Valley skew toward premium models with UWB passive entry. Wildfire evacuation zones in Northern California have also seen municipalities promote connected locks that can be remotely verified as unlocked for firefighter entry, although adoption remains niche. Across all regions, federal infrastructure spending on broadband improves rural connectivity, removing one of the last technical roadblocks to nationwide penetration of the United States smart lock market.

Competitive Landscape

ASSA ABLOY and Allegion jointly captured an estimated 45%-50% of United States smart lock market revenue in 2025, a level that creates moderate but not dominant concentration. ASSA ABLOY’s September 2024 acquisition of Level Home added an invisible, internal-mount technology that appeals to design-focused buyers unwilling to replace exterior hardware, expanding Yale’s target demographic. Allegion countered by spending USD 30 million on Gatewise in July 2025, gaining a cloud credential platform that resonates with multifamily operators seeking door-to-cloud integrations without on-premises servers. Both incumbents pursue patent portfolios around UWB ranging, filing more than 20 applications combined in 2024 to shield passive-entry intellectual property.

Price-disruptive challengers such as Wyze and SwitchBot set retail tags below USD 100, forcing premium brands to clarify value propositions around security certifications and ecosystem breadth. Lockly differentiates via 3-D fingerprint readers and offline encrypted PIN codes, catering to privacy-sensitive buyers wary of cloud dependence. Aqara and Anker’s Eufy round out the challenger cohort by bundling locks with hubs, contact sensors, and robot vacuums at 30%-40% lower price points than incumbents, leveraging vertical integration to squeeze gross margins.

Technology leadership continues to define competitive advantage: manufacturers race to ship Matter-over-Thread firmware updates, advertise Aliro certification for UWB credentials, and integrate Apple, Google, and Samsung wallets in a single SKU. Simultaneously, public vulnerability disclosures make cyber-security a marketing necessity; brands now tout penetration-test reports and bug-bounty programs to rebuild consumer trust. Component shortages for secure elements have narrowed SKU breadth since 2024, but supply normalization expected in 2026 should let firms re-engage in feature differentiation rather than rationing. These dynamics collectively sustain innovation velocity and support healthy rivalry within the United States smart lock market.

United States Smart Lock Industry Leaders

  1. August Home Inc. (ASSA ABLOY AB)

  2. Yale Home (ASSA ABLOY AB)

  3. Kwikset (ASSA ABLOY AB)

  4. Schlage (Allegion Company)

  5. Level Home Inc.

  6. *Disclaimer: Major Players sorted in no particular order
United States Smart Lock Market Concentration
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Recent Industry Developments

  • January 2026: Allegion expanded the Schlage Encode Plus line with a mortise variant that supports Apple Home Key and Google Wallet and offers hardwired power for UL 10C-compliant multifamily deployments.
  • December 2025: Yale unveiled the Assure Lock 3 featuring Matter-over-Thread networking and local storage for 250 user codes, shifting data control to the edge in response to privacy scrutiny.
  • October 2025: Kwikset introduced the Zentra lock with NFC and UWB passive entry, earning the first Aliro certification in the residential category.
  • August 2025: Kwikset launched Halo Select Plus and Aura Reach, both Matter-certified; Aura Reach adds an embedded Wi-Fi radio that eliminates separate bridges.

Table of Contents for United States Smart Lock Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Integration With Smart-Home Hubs and Voice Assistants
    • 4.2.2 Rising Package-Theft Incidents Boosting Entryway Security Demand
    • 4.2.3 Insurance Premium Discounts for Smart-Security Installations
    • 4.2.4 Build-to-Rent Single-Family Developments Adopting Smart Locks at Scale
    • 4.2.5 ESG and LEED Incentives for Connected Access Solutions
    • 4.2.6 UWB Passive-Entry Capabilities Embedded in Smartphones
  • 4.3 Market Restraints
    • 4.3.1 Persistent Cyber-Security Vulnerabilities and Public Hacks
    • 4.3.2 Multi-Family Building Code Restrictions on Retrofit Devices
    • 4.3.3 Chip-Set Supply Constraints for Secure SoCs
    • 4.3.4 Consumer Privacy Concerns Over Data Sharing
  • 4.4 Industry Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Intensity of Competitive Rivalry
    • 4.7.5 Threat of Substitute Products
  • 4.8 Pricing Analysis
  • 4.9 Impact of Macroeconomic Factors on the Market

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Product Type
    • 5.1.1 Deadbolt
    • 5.1.2 Padlock
    • 5.1.3 Other Product Types (Mortise, Lever, Rim, etc.)
  • 5.2 By End-User
    • 5.2.1 Residential
    • 5.2.1.1 Single-Family
    • 5.2.1.2 Multi-Family
    • 5.2.2 Commercial
    • 5.2.2.1 Hospitality
    • 5.2.2.2 Retail
    • 5.2.2.3 Corporate Offices
    • 5.2.2.4 Healthcare
    • 5.2.2.5 Education and More
  • 5.3 By Installation Type
    • 5.3.1 Retrofit
    • 5.3.2 New-Construction Integrated
  • 5.4 By Distribution Channel
    • 5.4.1 Online
    • 5.4.1.1 Direct from Manufacturer
    • 5.4.1.2 Marketplaces
    • 5.4.2 Offline
    • 5.4.2.1 Retailers
    • 5.4.2.2 Professional Installers

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 August Home Inc.
    • 6.4.2 ASSA ABLOY Residential Group, Inc. (doing business as Yale Home)
    • 6.4.3 Kwikset Corporation (an ASSA ABLOY company)
    • 6.4.4 Schlage Lock Company LLC (wholly owned by Allegion plc)
    • 6.4.5 Level Home Inc.
    • 6.4.6 U-Tec Group Inc.
    • 6.4.7 Wyze Labs, Inc.
    • 6.4.8 Pin Genie Inc. (doing business as Lockly)
    • 6.4.9 Anker Innovations Limited (Eufy Security brand)
    • 6.4.10 SimpliSafe, Inc.
    • 6.4.11 Aqara (Lumi United Technology Co., Ltd.)
    • 6.4.12 Gate Labs Inc.
    • 6.4.13 LockState, Inc. (doing business as RemoteLock)
    • 6.4.14 Shenzhen Wonder Technology Co., Ltd. (doing business as SwitchBot)
    • 6.4.15 Onity, Inc. (a Carrier Global Corporation company)
    • 6.4.16 Digilock, Inc.
    • 6.4.17 Igloohome Pte. Ltd.
    • 6.4.18 Nuki Home Solutions GmbH
    • 6.4.19 PDQ Manufacturing, Inc.
    • 6.4.20 Baldwin Hardware Corporation (an ASSA ABLOY company)

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space and Unmet-Need Assessment
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United States Smart Lock Market Report Scope

A smart lock is an electromechanical device used for locking that facilitates users in various industries to access and unlock the device remotely to enter the premises. Smart locks allow remote authentication to be verified and authorized users by providing access to smartphone connections and other smart devices through various communication technologies, like Wi-Fi, Bluetooth, Zigbee, or Z-Wave. The United States smart lock market is segmented on the basis of End-users that cover Residential as well as Commercial users and by Type of lock that covers Deadbolt, Padlock, and other types of locks such as Lever Handles and Mortise.

The United States Smart Lock Market Report is Segmented by Product Type (Deadbolt, Padlock, Mortise, Lever, Rim, Other Product Types), End-User (Residential (Single-Family, and Multi-Family), Commercial (Hospitality, Retail, Corporate Offices, Healthcare, Education and More)), Installation Type (Retrofit, New-Construction Integrated), and Distribution Channel (Online (Direct from Manufacturer, Marketplaces), Offline (Retailers, Professional Installers)). The Market Forecasts are Provided in Terms of Value (USD).

By Product Type
Deadbolt
Padlock
Other Product Types (Mortise, Lever, Rim, etc.)
By End-User
ResidentialSingle-Family
Multi-Family
CommercialHospitality
Retail
Corporate Offices
Healthcare
Education and More
By Installation Type
Retrofit
New-Construction Integrated
By Distribution Channel
OnlineDirect from Manufacturer
Marketplaces
OfflineRetailers
Professional Installers
By Product TypeDeadbolt
Padlock
Other Product Types (Mortise, Lever, Rim, etc.)
By End-UserResidentialSingle-Family
Multi-Family
CommercialHospitality
Retail
Corporate Offices
Healthcare
Education and More
By Installation TypeRetrofit
New-Construction Integrated
By Distribution ChannelOnlineDirect from Manufacturer
Marketplaces
OfflineRetailers
Professional Installers
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Key Questions Answered in the Report

What is the forecast CAGR for the United States smart lock market between 2026 and 2031?

The market is projected to expand at a 9.22% CAGR from 2026 to 2031, rising from USD 3.88 billion in 2026 to USD 6.03 billion by 2031.

Which product configuration generated the highest revenue in 2025?

Deadbolt smart locks led with 60.73% share in 2025, reflecting their dominance on single-family exterior doors.

How fast are commercial installations growing compared with residential ones?

Commercial deployments in hospitality, retail, offices, and healthcare are forecast to post an 11.12% CAGR through 2031, roughly double the residential growth rate.

Why are Sunbelt states seeing especially strong adoption?

Institutional build-to-rent projects in Texas, Florida, Arizona, Georgia, and North Carolina install connected locks during construction, cutting retrofit labor and accelerating first-time purchases.

What does Matter 1.3 certification add to a smart lock?

Matter 1.3 lets locks work across Apple Home, Google Home, Amazon Alexa, and Samsung SmartThings without proprietary bridges, reducing complexity for new buyers.

Can installing a smart lock lower my homeowners-insurance premium?

Yes. Major carriers such as State Farm and Allstate offer premium discounts of about 2%-5% when policyholders verify the presence of qualified smart-security devices.

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